Listed by Engel & Voelkers Chambers Bay, Bought with COMPASS
NOT LISTED FOR SALE

15902 52nd St E Sumner, WA 98390

Estimated Value: $777,000

8 Beds
4 Baths
3,728 Sq Ft
$208/Sq Ft Est. Value

Last Sold April 29, 2013

Last sale price $260,000 $70 Per Sq Ft

Est. 199% increase in value since last sale

Current estimated payment $4,426/month

26 Days on Market

Highlights

  • 0.42 Acre Lot
  • Deck
  • Thermal Windows
  • Sumner Middle School Rated A-
  • Corner Lot
  • Cul-De-Sac

About This Home

As of April 2013

2 bedroom / 1 bathroom spacious units offering a nice layout including a large kitchen with an eating space, a good-sized living room with a deck / patio & FP, in-unit w/d hookups, and plenty of covered and open parking. Tenants like this culdesac location near the kids play area and the convenient commuter location via HWY-410. Make a return on your investment!

Last Agent to Sell the Property

Ryan Meacham

Engel & Voelkers Chambers Bay License #11565 Listed on: 03/01/2013

Engel & Voelkers Chambers Bay

Last Buyer's Agent

Jim Swanson

COMPASS License #21028671

COMPASS

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 453641

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,937

Year Built

  • Built in 1983

Lot Details

  • 0.42 Acre Lot
  • Cul-De-Sac
  • Street terminates at a dead end
  • Corner Lot
  • Property is in average condition

Home Design

  • Quadruplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,728 Sq Ft Home
  • 2-Story Property
  • Thermal Windows

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 8 Parking Spaces
  • Open Parking

Outdoor Features

  • Deck
  • Patio

Community Details

  • Sumner Subdivision

Listing and Financial Details

  • Assessor Parcel Number 5719000060

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,937

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1983
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • CalculatedSquareFootage: 3728
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Playground,Thermal Windows

Exterior Features

  • Roof: Composition
  • Lot Features: Corner Lot, Cul-De-Sac, Dead End Street, Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Average
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Spaces: 4
  • Carport Y N: No
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Total Parking Spaces: 8
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • WaterSewerGarbage: 0

Schools

  • Junior High Dist: Sumner

Lot Info

  • Parcel Number: 5719000060
  • Lot Size Acres: 0.4242
  • Lot Size Sq Ft: 18478
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck,Patio
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 3000

Tax Info

  • Year: 2012
  • Tax Annual Amount: 3937

Multi Family

  • Number Of Units Total: 4
  • Leasable Area: 3728
  • UnitsBelowGrade: false
  • VacancyRate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 3, 2015
Sold by
Clem Jay and Clem Lisa
Bought by
15902 52Nd Street Llc
Current Estimated Value
$777,000

Purchase Details

Listed on
Mar 1, 2013
Closed on
Apr 22, 2013
Sold by
Deutsche Bank Trust Company Americas
Bought by
Clem Jay L and Clem Lisa M
Seller's Agent
Ryan Meacham
Engel & Voelkers Chambers Bay
Buyer's Agent
Jim Swanson
COMPASS
List Price
$272,900
Sold Price
$260,000
Premium/Discount to List
-$12,900
-4.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.62%

Purchase Details

Closed on
Jan 9, 2013
Sold by
Luna David T
Bought by
Deutsche Bank Trust Company Americas

Purchase Details

Closed on
Mar 23, 2005
Sold by
2004 Eastside Inc
Bought by
Luna David T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,965
Interest Rate
6.4%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 7, 2005
Sold by
Summer Glen Apartments Llc
Bought by
2004 Eastside Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,650,864
Interest Rate
5.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 24, 1998
Sold by
Kraft Leonard J
Bought by
Summer Glen Apartments Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
15902 52Nd Street Llc -- None Available
Clem Jay L $260,000 Ticor Title Company
Deutsche Bank Trust Company Americas $247,200 Nextitle
Luna David T $389,950 Lawyers Title Agency Of Sout
2004 Eastside Inc $2,980,000 Lawyers Title Agency Of Sout
Summer Glen Apartments Llc $203,300 Commonwealth Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Luna David T $272,965
Previous Owner 2004 Eastside Inc $2,650,864
Closed Luna David T $77,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2013 04/29/13 Sold $260,000 -4.7% $70 / Sq Ft
03/28/2013 03/28/13 Pending -- -- --
03/01/2013 03/01/13 For Sale $272,900 -- $73 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,673 $284,000 $279,800 $4,200
2024 $3,673 $360,900 $267,800 $93,100
2023 $3,673 $846,200 $267,800 $578,400
2022 $8,448 $788,300 $293,900 $494,400
2021 $7,913 $600,700 $179,600 $421,100
2019 $5,989 $543,500 $156,900 $386,600
2018 $6,232 $479,800 $148,200 $331,600
2017 $4,939 $440,700 $122,100 $318,600
2016 $4,344 $343,100 $87,100 $256,000
2014 $1,817 $326,400 $91,200 $235,200
2013 $1,817 $284,400 $83,000 $201,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 453641

Northwest Multiple Listing Service (NWMLS)

APN: 571900-0060